There’s little change in confidence from last month, it would seem. Only 20% said they were feeling more confident, whilst the majority (60%) of respondents said they felt the same. This includes nurseries, despite 60% saying that their quotes were up from the...
The number of respondents more confident than last month has nosedived this week to just 19%. That’s not to say confidence has dipped, though; 67% said they feel the same as last month, and 44% reported feeling more confident then. As one domestic landscaper told us,...
Homes England, alongside Greater Manchester Pension Fund, clients of listed wealth manager Mattioli Woods and other private institutional investors, have committed £80m to the Initial Close of the Newstead SME Real Estate Lending Fund (RELF). The Fund is to be managed by specialist fund manager Newstead Capital and the intention is to grow the...
In the month of July there has been a dramatic drop in enquires with half of our respondents claiming to have seen a decrease. A fall in enquires isn’t unheard of; it typically happens around this time of year. However, with the current cost-of-living crisis and an expensive winter expected ahead, could this decrease be something more than the...
Align JV is using chalk excavated from the High Speed 2 Chiltern tunnels to create grassland habitats in the Chiltern Hills. The environmental project on High Speed 2’s (HS2’s) largest construction site reached the 1M.m3 milestone this week. The chalk has been laid out around the south portal of the tunnels. In total, around 2.6M.m3 of chalk will...
Plans to start work on the UK’s first city-based wellbeing resort, Therme Manchester, at TraffordCity have progressed this week with preparations to clear the current EventCity site. Regeneration business Peel L&P has submitted plans to Trafford Council to demolish the 28,000 square metre former EventCity conference and exhibition space on...
Kier has been awarded a contract by Camden and Islington NHS Foundation Trust to deliver a new £17m mental health facility at 1 Lowther Road in Islington, London. Appointed through the Procure Partnerships Framework, the project forms the first integrated community mental health facility in the Trust’s St Pancras Transformation programme. Works...
International construction and consultancy company Mace has been appointed principal contractor by Aviva Investors and Allianz Real Estate at the partnership’s 101 Moorgate project in the City of London. The over-station development, which will sit above Moorgate station’s Hammersmith & City line, at the heart of the new Elizabeth Line...
HG Construction has been named as the main contractor for Elysian Residences’ new retirement village scheme in Tunbridge Wells, which is being developed in a joint venture with Octopus Real Estate. Located close to Tunbridge Wells town centre, the new urban retirement village will comprise three luxury apartment buildings with 89 apartments....
Oxford station is set for a £161m revamp, which will deliver quicker journeys, increased freight and passenger services and a brand new fully accessible entrance. Announced today (17 August 2022), by Rail Minister Wendy Morton, the upgrades will be completed by 2024 and have been specifically designed to improve passenger experience, better...
HS2 has revealed the first images of the bridges that will carry rural footpaths and bridleways across the new high speed railway as it passes through Buckinghamshire, Oxfordshire and West Northants. Made of weathering steel, the sides of the lightweight bridges will lean outwards to maximise views of the sky and improve the experience of people...
Plans for 190 new homes around Hackney Wick Station have been given the green light. Notting Hill Genesis submitted a Reserved Matters Application (RMA) in January, outlining how they would transform the sites into a new neighbourhood centre, which was granted permission yesterday (Tuesday). The 190 homes will be across four buildings and will...
Costain is delivering nine miles of dual carriageway to unlock congestion on the last remaining single carriageway section of the A30 between the Chiverton and Carland Cross roundabouts near Truro. Cornwall’s very own china clay mining industry is playing a big part in the construction of this major road upgrade. Costain’s Climate Change Action...
Balfour Beatty, the international infrastructure group, today announces the appointment of Lee Hewitt as UK Health, Safety and Environment Director. Lee will take up his new role on 5 September, following Heather Bryant retiring on 18 November, having spent eight years at Balfour Beatty. Lee will be responsible for driving the company’s Zero...
A businessman with more than 30 years of experience in leading and developing teams across the globe is sharing his expertise to help an ambitious house building company continue to grow. Isaac Wharton has worked globally at a strategic level for public multinational corporations and private equity companies, growing the creation of value within...
Defra, on Wednesday 27 July, published the results of a review exploring how the horticulture sector can make use of innovative technologies such as packhouse automation, AI enabled robotics and autonomous guided vehicles to help with tasks like the picking, packing and transporting of fruit, vegetables and flowers. With labour shortages...
The UK Prime Minister announced at the 2019 UN General Assembly a £100 million Biodiverse Landscapes Fund (BLF). Biodiversity is declining worldwide faster than at any other time in human history. In the last 50 years, human pressures have increased, while animal populations, on average, have been reduced to more than half. To help address the...
Homes England has entered into a contract with John Sisk and Son Ltd to deliver over £100m of vital infrastructure at York Central. Homes England has today confirmed that John Sisk and Son Ltd are to deliver over £100m of critical infrastructure at York Central. With work expected to begin imminently, this marks another significant milestone for...
Homes England will provide £233m of infrastructure loan funding to bring to life a new £3.5bn neighbourhood at Silvertown, East London as part of one of the country’s most significant regeneration projects. Sitting within London’s only Enterprise Zone at the Royal Docks, the Silvertown site in Newham has been derelict for the last 40 years and is...
Homes England, the Government’s housing and regeneration agency, has agreed a £30m loan to continue the transformation of Middlewood Locks in Salford. The agreement with Middlewood Locks KLM, a partnership between Scarborough Group International and its joint-venture partners Metro Holdings and Hualing Group, will see 189 new homes built as the...
Thousands of people and families in England will be supported onto the property ladder and given the opportunity to build their own home, with the launch of the government’s Help to Build scheme. Help to Build equity loan scheme launches, with 5% deposits backed by £150 million of government funding Scheme will boost self and custom build sector,...
Housing programmes delivered by Homes England resulted in 38,436 new houses starting on-site and 37,164 houses completed between 1 April 2021 and 31 March 2022, as the sector began to recover from the Covid-19 pandemic. Proportion of affordable homes started and completed was up on the previous year Increase in both starts and completions a...
HS2 on Friday 10th June announced the start of construction at the site of its first ‘green tunnel’, designed to blend the high-speed railway into the landscape and reduce disruption for communities. Unlike a normal underground tunnel, the one-and-a-half mile (2.5km) Chipping Warden green tunnel in Northamptonshire is being built on the surface...
The latest house price data published by HM Land Registry (HMLR) for March 2022 has shown that average house prices in the UK increased by 9.8% in the year to March 2022, down from 11.3% in the year to February 2022. March 2022 saw UK house price growth slow to 9.8% Annual house price rates of change for all dwellings, UK, January 2006 to March...
A HOUSEBUILDER is celebrating a major post-Covid recovery after seeing annual revenues grow by more than 200 per cent. After posting revenue of £37m for the 2021/22 financial year - a rise of nearly £24m from the previous year - Cumbrian-based Genesis Homes is anticipating another successful 12 months as it looks to nearly double the amount of...
GlobalData currently forecasts that construction output growth will stand at 3.4% in 2022 as a whole, which means that in constant prices terms, output will just be marginally below the 2019 level. However, the downside risks to the outlook have intensified given the sharp increase in prices for key construction materials, supply chain...
Giving construction workers access to technology such as augmented reality (AR) will not only combat soaring resource costs, but help attract young people to construction roles, says GlobalData. The company notes that, while AR could give the industry a much-needed reinvigoration, a large number of executives are not planning to invest. According...
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